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‘Word is spreading’ – Manchester City owners consider ending seven-year partnership with club

‘Word is spreading’ – Manchester City owners consider ending seven-year partnership with club

The parent company behind Manchester City is reportedly considering a possible contract termination for Uruguayan club Montevideo City Torque.

News of a possible acquisition from City Football Group was first announced in March 2017, alongside ambitious plans from the global football industry to not only build a new sports complex for the club, but also to renovate its stadium.

Official announcements of a deal would follow in April 2017, alongside an influx of higher quality players and a name change three years into the deal, with Club Atletico Torque becoming Montevideo City Torque.

A new club crest, striking similarities to other clubs in the City Football Group, and the completion of a new academy and administration complex would follow soon after, but new reports have detailed that the boom The club’s fairy tale could come to an end. END.

According to Torque Info’s latest report on

While the report states that “for now, this is only information”, they go on to claim that a separation of Montevideo City and City Football Group would be due to three key factors: more money has been requested and refused, a lack of success, and the training of players.

In addition to the extensive portfolio of clubs owned across continents, City Football Group has also expanded into wider activities in sport, taking full ownership of Goals Soccer Centers in February 2020.

Manchester City chairman Khaldoon Al Mubarak recently spoke of the City Football Group’s success as a global sporting model, calling the project in its current status a “financial and economic machine”.

“I am very satisfied with the results. These results are very sustainable because we now have a very clear foundation that has been built over many years,” explained Al Mubarak during his recent end-of-season interview on Manchester City’s official website.

“We have a financial and economic machine. As long as we continue to manage well and be prudent, you know that growth in terms of revenue, in terms of profitability, I think we’re on a trajectory that has been around for years now and continues to strengthen.

He continued: “Since day one, Sheikh Mansour, as the largest shareholder of the group, has focused on growth and value appreciation. And in doing so, every euro of profit remained within the group to support growth and development.

“The bottom line is that we are still investing. We always invest in infrastructure, in the development of these clubs. We are buying new teams. We continue to grow and grow.